Indian startups raised over $240 million from May 12 to May 17, 2025; Farmley tops the list

Between May 12 and May 17, 2025, as many as 26 Indian startups from diverse sectors raised over $240 million in funding from investors. These sectors include Food, Fitness, B2B, AI, Skincare, Energy, Healthcare, Entertainment, Retail, QSR, Logistics, and Medtech.

Last week, Indian startups raised over $599 million, with PB Fintech raising $218 million alone.

High-value deals

A diverse range of sectors attrac

Between May 12 and May 17, 2025, as many as 26 Indian startups from diverse sectors raised over $240 million in funding from investors. These sectors include Food, Fitness, B2B, AI, Skincare, Energy, Healthcare, Entertainment, Retail, QSR, Logistics, and Medtech.

Last week, Indian startups raised over $599 million, with PB Fintech raising $218 million alone.

High-value deals

A diverse range of sectors attracted investments during the week, with Food sector leading the pack. Leading this sector was Snacking brand Farmley, which raised $42 million. Tech-led B2B e-commerce platform JSW One Platforms raised $39.71 million in funding. 

The list was followed by Sustainable long-duration energy storage solutions provider VFlowTech, Hygiene product maker Nobel Hygiene, and WhiteHat Jr. founder Karan Bajaj's healthtech startup Complement 1, which collectively raised $56.35 million. 

VFlowTech raised $20.5 million, Nobel Hygiene raised $19.85 million, and Complement 1 raised $16 million.

Emerging startups

Fitness tech startup Fittr raised $3 million, Logistics startup Citrus Freight raised $290,000 in a bridge funding round, TReDS platform M1xchange raised $10 million, AI startup Hyperbots raised $6.5 million in a Series A funding round, QSR brand Biryani Blues raised $5 million in a pre-Series C funding round, Industrial electronics startup TIEA Connectors raised $2.57 million, AI infra startup Flam raised $14 million in a Series A funding round, Smart hiring platform Third Bracket raised $580,000 in a seed funding round, Science-led skincare startup Be Clinical raised $230,000 in a seed funding round, Agentic AI startup Adopt AI raised $6 million in a seed funding round, Mobile entertainment startup ReelSaga raised $2.1 million in a seed funding round, and Pod hotel startup NapTapGo raised $230,000 in a pre-seed funding round.

Medtech startup Medvital raised $980,000 in a pre-seed funding round, Rohal Technologies raised $1 million in a seed funding round, Retail firm 1-India Family Mart raised $12 million in a Series D funding round, Digital marketplace startup LUZO raised $550,000 in a seed funding round, Premium ice cream brand Hocco raised $10 million in a Series B funding round, AI startup ContraVault AI raised $600,000 in a seed funding round, Enterprise AI solutions provider Celebal Technologies raised $15 million in a Series B funding round, Healthcare startup Avammune Therapeutics raised $12 million in a Series A funding round.

Meanwhile, Cryptique, an intelligent analytics and attribution platform for Web3 businesses, kept the funding figures under wraps.

Mergers and acquisitions

The period also witnessed strategic mergers and acquisitions. Capillary Technologies acquired Kognitiv, and Curefoods acquired Krispy Kreme's pan-India rights.